US Dollar Continues to Decline on Weak Data and Rate Cut Speculation
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#332a5058 ver:0.59
The US dollar continues to decline on weak data and rate cut speculation, with concerns over disinflation and a slowing labor market. Private sector employment and jobless claims came in below expectations, while the ISM Services PMI indicated contraction. Traders are now focused on Friday's Nonfarm Payrolls report. #USD #economy #ratecut...
#newstr #UsDollar #DxyIndex #DataReleases #Disinflation #LaborMarket #RateCut #Employment #JoblessClaims #ServiceSector #IsmServicesPmi #NonfarmPayrolls
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